Plastic2Oil Inc (PTOI)

[OverDraught]

Yeah any company seeking to sell product for massive profits is liquidating.

JBI is not selling anything for massive profits. The price quoted by Mr Zecca, a JBI stockholder, is just wishful thinking.

Now, let me help you out with the meaning of the word liquidate:
"Definition of liquidate (v)
liq·ui·date
[ líkwi dàyt ]

1.pay debt: to pay a debt or other financial obligation
2.shut down business: to shut down a business, paying off its liabilities from its assets, or cease trading as a business in this way
3.cash assets: to turn assets into cash"
Source: Bing Dictionary

Heddle appears to be doing all three of the above. He's turning the company's assets to cash, the first claim on which belongs to Heddle. Having laid off most of the employees, there is no apparent intention to replace any of the assets that might be sold. The company's long standing business plan has been proven to be non-viable, and the "new" business plan is to try to sell off what they can before they are forced to shut down. See #2 above.

Heddle's debt ain't due for years.

The company won't be around that long.

Heddle understands that.